RealTrends Market Report

Montana, MT

Single-Family Homes

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Montana, MT

Sat May 09 2026
This week the median list price for Montana, MT is $699,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has increased to 3,555. Click here to stay informed with the Montana market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Montana, MT

Sat May 09 2026
This week the median list price for Montana, MT is $699,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has increased to 3,555. Click here to stay informed with the Montana market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Montana market.
Median List Price $699,000
Median Price of New Listings $614,500
Per Square Foot $328
Average Days on Market 143
Median Days on Market 70
Price Decreased 27%
Price Increased 0%
Relisted 6%
Inventory 3,555
Median Rent
Market Action 32
Slight Seller's Advantage

Prices appear to be hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,072,500 3,754 5 - 10 acres 4 3.5 21 51 28 98
$879,900 2,628 1 - 2.5 acres 4 3 21 71 54 70
$585,000 1,961 0.25 - 0.5 acre 3 2 23 102 82 56
$329,250 1,484 8,000 - 10,000 sqft 3 2 66 86 122 63